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Friday, September 9, 2011

Upgrades and Downgrades Daily Report: (BIIB), (DTEGY), (SXL), (YOKU), (TWX)

Biogen Idec (BIIB) recently had their rating increased from Neutral to Buy. UBS is the brokerage firm which is currently analyzing this company and found it necessary to change their rating. This is usually a bullish sign for the company's share price, as these brokerages begin to tell their clients to start buying the upgraded stock. The shares may see a continued uptrend because of this. Analysts believe that the company's share price may begin to improve. The target price is currently set at $113 per share by the brokerage firm. Shares of BIIB fell by 1.25% or $-1.14/share to $90.41. In the past year, the shares have traded as low as $54.13 and as high as $109.63. On average, 2257560 shares of BIIB exchange hands on a given day and today's volume is recorded at 1279543.

Deutsche Telekom (DTEGY) is currently being analyzed by the brokerage firm HSBC Securities. They have just changed their rating from Overweight to Neutral. This indicates that the company may not be doing as well as investors were expecting. Look for potential selling pressure or a downside move in the share price.

RBC Capital Mkts, the brokerage firm, has recently increased the rating on Sunoco Logistics (SXL). They upped the rating from Sector Perform to Outperform. The brokerage firm believes the company may be on the upswing and there could be potential value in buying the stock. The target price is currently set at $99 per share by the brokerage firm. Shares of SXL traded higher by 1.12% or $0.94/share to $85.20. In the past year, the shares have traded as low as $72.25 and as high as $91.03. On average, 73225 shares of SXL exchange hands on a given day and today's volume is recorded at 163223.

Youku.com (YOKU) recently had their rating changed from Sell to Hold. Maxim Group is the brokerage firm which is currently analyzing this company and found it necessary to change their rating. This is usually a bullish sign for the company's share price, as these brokerages begin to tell their clients to start buying the upgraded stock. The shares may see a continued uptrend because of this. Analysts believe that the company's share price may begin to improve. Shares of YOKU traded higher by 0.05% or $0.01/share to $21.71. In the past year, the shares have traded as low as $19.78 and as high as $69.95. On average, 4908360 shares of YOKU exchange hands on a given day and today's volume is recorded at 2383306.

Caris & Company, the brokerage firm, has recently increased the rating on Time Warner (TWX). They upped the rating from Above Average to Buy. The brokerage firm believes the company may be on the upswing and there could be potential value in buying the stock. The target price is currently set at $43 per share by the brokerage firm. Shares of TWX fell by 3.32% or $-0.99/share to $28.85. In the past year, the shares have traded as low as $27.62 and as high as $38.62. On average, 9179390 shares of TWX exchange hands on a given day and today's volume is recorded at 6490214.